Jpmorgan Tops Estimates for Fourth Quarter Revenue But Says Mild Recession Is Now Central Case
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Meta plunges 16% on weak revenue guidance even as first-quarter results top estimates
Meta beat on the top and bottom lines in its earnings report on Wednesday, but the stock sank on disappointing guidance.CNBC - Business -
Ford tops first-quarter earnings estimates as commercial unit offsets EV losses
Sales of Ford Motor trucks and other commercial vehicles led the automaker to beat Wall Street's earnings estimates for the first quarter.CNBC - Business -
Adyen shares slump as payments processor meets revenue estimates
Shares of Adyen slumped Thursday as the payments processor met revenue expectations even after processing more volume than anticipated.MarketWatch - Business -
ServiceNow rides wave of enterprise AI sales as results top estimates
ServiceNow Inc. is reaping the benefits nearly a year after its push into generative artificial intelligence.MarketWatch - Business -
Top business groups and a national tax-services firm filed lawsuits challenging a new FTC ban on noncompete agreements, cases that will test the agency's power to broadly prohibit practices it says are anticompetitive.
Top business groups and a national tax-services firm filed lawsuits challenging a new FTC ban on noncompete agreements, cases that will test the agency’s power to broadly prohibit practices it says are anticompetitive.The Wall Street Journal - World -
Top business groups and a national tax-services firm filed lawsuits challenging a new FTC ban on noncompete agreements, cases that will test the agency's power to broadly prohibit practices it says are anticompetitive.
Top business groups and a national tax-services firm filed lawsuits challenging a new FTC ban on noncompete agreements, cases that will test the agency’s power to broadly prohibit practices it says are anticompetitive.The Wall Street Journal - World -
Rockford Is Now America's Top Housing Market After an Improbable Turnaround
The Illinois metro area, west of Chicago, was one of nearly a dozen in the Midwest ranking among the top 20.The Wall Street Journal - World -
Biogen tops profit estimates as cost cuts take hold, Alzheimer's drug Leqembi launch picks up
Alzheimer's drug Leqembi brought in approximately $19 million in sales for the quarter, up from the $10 million the drug generated last year.CNBC - Business -
Biogen tops profit estimates as cost cuts take hold, Alzheimer's drug Leqembi launch picks up
Alzheimer's drug Leqembi brought in approximately $19 million in sales for the quarter, up from the $10 million the drug generated last year.CNBC - Business -
Biogen tops profit estimates as cost cuts take hold, Alzheimer's drug Leqembi launch picks up
Alzheimer's drug Leqembi brought in approximately $19 million in sales for the quarter, up from the $10 million the drug generated last year.CNBC - Business -
Biogen tops profit estimates as cost cuts take hold, Alzheimer's drug Leqembi launch picks up
Alzheimer's drug Leqembi brought in approximately $19 million in sales for the quarter, up from the $10 million the drug generated last year.CNBC - Business -
Meta says revenue will be weak as it spends even more on AI
Push to integrate AI into Meta products boosts financial results, but share prices tumble with weak sales forecast. Meta’s drive to integrate artificial intelligence into its products yielded strong financial results for the second quarter in a ...The Guardian - World -
Meta Platforms reported record first-quarter revenue as the company's advertising business grew at a rapid clip even as investors soured on forecasts of rising costs related to artificial intelligence.
Meta Platforms reported record first-quarter revenue as the company’s advertising business grew at a rapid clip even as investors soured on forecasts of rising costs related to artificial intelligence.The Wall Street Journal - World -
What Is a Magazine Now?
Highsnobiety is a store, a website, a production agency and a clothing line. Oh, and Pamela Anderson is on the latest cover.The New York Times - Lifestyle -
Horses Run Loose Through Central London in Surreal Spectacle
A number of runaway army horses galloped through London on Wednesday morning, causing alarm and injuring pedestrians. All of the animals were eventually recovered.The New York Times - World -
Russian court orders seizure of $440mn from JPMorgan
Move follows lawsuit from state-owned bank VTB to recover funds held at America’s largest lenderFinancial Times - Business - Russia -
Russian court orders seizure of $440mn from JPMorgan
Move follows lawsuit from state-owned bank VTB to recover funds held at America’s largest lenderFinancial Times - Business - Russia -
Russian court orders seizure of $440mn from JPMorgan
Move follows lawsuit from state-owned bank VTB to recover funds held at America’s largest lenderFinancial Times - Business - Russia -
Russian court orders seizure of $440mn from JPMorgan
Move follows lawsuit from state-owned bank VTB to recover funds held at America’s largest lenderFinancial Times - World - Russia -
WPP Revenue Hit by Tech Pullback
WPP backed its full-year revenue guidance after its first-quarter results were hurt by weaker spending by technology clients and project delays.The Wall Street Journal - World -
WPP Revenue Hit by Tech Pullback
WPP backed its full-year revenue guidance after its first-quarter results were hurt by weaker spending by technology clients and project delays.The Wall Street Journal - Business -
JPMorgan CEO Jamie Dimon Gives a Soft Landing Long Odds
In an interview with WSJ Editor in Chief Emma Tucker, JPMorgan CEO Jamie Dimon says the U.S. consumer is in good shape right now, but a huge fiscal deficit and geopolitical challenges make him cautious about the future.The Wall Street Journal - World -
Doug Emhoff to attend memorial for World Central Kitchen workers killed in Israeli strike
Second Gentleman Doug Emhoff will represent the Biden administration at a memorial Thursday for the seven World Central Kitchen aid workers killed by an Israeli airstrike in Gaza earlier this month, according to a White House official.NBC News - Politics - Israel -
Doug Emhoff to attend memorial for World Central Kitchen workers killed in Israeli strike
Second Gentleman Doug Emhoff will represent the Biden administration at a memorial Thursday for the seven World Central Kitchen aid workers killed by an Israeli airstrike in Gaza earlier this month, according to a White House official.NBC News - Top stories - Israel -
Sneak peek: The Case of the Poison Cheesecake
Viktoria Nasyrova is accused of using cheesecake as a murder weapon. Her motive was to steal the identity of Olga, who looks a lot like her. "48 Hours" correspondent Peter Van Sant reports, Saturday, April 27 at 9/8c on CBS and streaming on ...CBS News - Top stories -
What's at Stake in the Trump Immunity Case
Under Jack Smith’s theory, Lincoln, Truman, Clinton and Biden could all have ended up in the dock.The Wall Street Journal - World - Donald Trump -
Why now is a great time to consider debt relief
A debt relief service may be able to help you deal with mounting debt. Here's why now is a great time to sign up.CBS News - Top stories -
Now It's Up to Europe to Take the Lead in Ukraine
Continental security can no longer be outsourced to the U.S., which may soon have other wars to fight.The Wall Street Journal - World - Ukraine -
Watch: The curious case of the murder of Brian Low
Police believed the retired groundsman died because of medical issues - until a post-mortem showed he had been shot.BBC News - Top stories -
JPMorgan Chase is caught in U.S-Russia sanctions war after overseas court orders $440 million seized from bank
The escalation shows how American banks are struggling to navigate American sanctions rules more than two years after Russia's invasion of Ukraine.CNBC - Business -
SK Hynix Returns to Profit, Expects Market Recovery on AI Boom
The world’s second-largest memory-chip maker expects a recovery in the memory-chip market this year as it swung to a net profit after five straight quarters of losses.The Wall Street Journal - Tech -
Meta's Reality Labs posts $3.85 billion loss in first quarter
Mark Zuckerberg's bet on the metaverse continues to be a money-bleeding endeavor, with the unit reporting billions of dollars in losses every quarter.CNBC - Business -
South Korea's Economy Posts Stronger-Than-Expected First-Quarter Growth
Asia’s fourth-largest economy expanded 3.4% in the first quarter on improving private consumption, construction increases and steady exports.The Wall Street Journal - World - South Korea -
Deutsche Bank posts better-than-expected profit in first quarter amid investment banking recovery
Deutsche Bank reported first-quarter earnings on Thursday.CNBC - Business -
Barclays shares up 4% as bank swings back to profit in first quarter amid strategic overhaul
Barclays on Thursday reported first-quarter net income of £1.55 billion ($1.93 billion), beating expectations and returning the British lender to profit amid a major strategic overhaul.CNBC - Business -
Dairy Cows Transported Between States Must Now Be Tested for Bird Flu
Since a new form of bird flu arrived in 2022, federal officials have sought to reassure Americans that the threat to the public remained low.The New York Times - Health -
Dairy Cows Transported Between States Must Now Be Tested for Bird Flu
Since a new form of bird flu arrived in 2022, federal officials have sought to reassure Americans that the threat to the public remained low.The New York Times - Top stories -
IBM to acquire HashiCorp in $6.4 billion deal, reports another revenue miss
IBM said it would buy HashiCorp, a cloud software maker that's growing at a faster pace. IBM reported its third revenue miss in five quarters.CNBC - Business -
People now think old age starts at 75: Study
Story at a glance Perceptions on aging are changing with older adults now considering 75 to be the beginning of old age, according to a new study from the American Psychological Association. “Life expectancy has increased, which might contribute ...The Hill - Politics -
A Spring Luxury Shopping Spree: Everything to Buy Right Now
From cool cowboy boots to grand gardening gear, here’s what you should buy this month.The Wall Street Journal - World